Tag Archives: Bloomberg News Agency

Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.

Houston American Energy Corp. today announced an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland basin. in Yoakum County. Texas.

Energean Oil &. Gas Plc. the Greek energy producer that sold shares in London last year. is bidding for the oil and gas business of Electricite de France SA’s Italian unit. people familiar with the matter said.

Parsley Energy Inc. said it would be attractive for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.

Global oil supplies will increase far more than demand next year with the start of a host of new projects. putting further pressure on the OPEC cartel.

Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.

Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put the U.S. on track to become China’s biggest supplier of liquefied natural gas. according to Morgan Stanley.

The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.

President Donald Trump said he’s considering using U.S. sanctions to stop construction of the Nord Stream 2 gas pipeline between Russia and Germany.

U.S. production numbers are going to continue for quite some time.